To enquire, please email or call 1300 815 051 and enter code 9700
A Peaceful Pocket of Flemington to Call Home
Investors Please Note:
The property could return in the vicinity of $ 450 to $500 per week.
One-bedroom unit plus a separate car space on its own title, in a well-located block moments from Flemington racecourse, transport and the CBD, make this unit a stong rental offering and a solid investment opportunity.
Set beneath tall, established trees on a generous corner block and tucked well back from the main road, this charming one-bedroom residence feels like a hidden sanctuary in the heart of vibrant Flemington.
From the moment you arrive, there's a sense of calm. Secure foyer entry and separate rear access from the car park provide peace of mind, while the well maintained complex reflects a community that cares.
Inside, a solid timber floor provides warmth and character. Natural light streams through timber blinds, warming a thoughtfully designed space that feels both cosy and contemporary. Split-system heating and cooling ensure effortless year-round comfort, while broadband connectivity makes working from home seamless. A fully functional kitchen features a built-in dishwasher and electric oven. A glass-panelled French door leads to a spacious bedroom with floor-to-ceiling robes and a tastefully renovated ensuite — frameless glass shower screen and bathtub included — a touch of everyday luxury that lifts the entire home.
A free communal washer and dryer add rare, practical convenience. The proactive Owners Corporation has recently completed roof replacement and major drainage and plumbing upgrades, offering reassurance and low-maintenance living for years to come.
Lifestyle & Location — Where Everything Connects
10-minute walk to Ascot Vale Station with easy CBD access
Trams linking you to Highpoint, Moonee Ponds and the city
Weekend walks along the Maribyrnong River trails and parklands
Coffee catch-ups along Union Road and Racecourse Road
Flemington Racecourse and Melbourne Showgrounds nearby
Marvel Stadium, the MCG, Lygon Street and Chapel Street are all effortlessly accessible — yet you return home to leafy quiet.
PARKING
Secure off-street parking on separate title is included, along with generous visitor parking at the rear. Additional street parking available (permit restrictions apply during major events).
Whether you're taking your first step into the market, downsizing, or investing in a location with enduring appeal — this is more than an apartment. It's a peaceful place to belong in one of Melbourne's most connected inner-city neighbourhoods.
RATES AND OWNERS CORPORATION
Annual Rates (2025–26): approx. $1,139.30
Owners Corporation
Administration Fund: $3,125.00 p.a. ($781.25/quarter)
Maintenance Fund: $500.00 p.a. ($125.00/quarter)
Total Quarterly: $906.25 Total annual $3,625
OWNERS CORPORATION STRATA LOAN
The Owners Corporation currently has a strata loan that was established to fund significant common property remediation works approved by the Owners Corporation. As at 30 June 2026, the outstanding loan balance is $146,759.95. As the property comprises 16 lots of equal liability, the current principal liability attributable to each lot is approximately $9,172. The loan is being repaid through the Owners Corporation levies and is reducing each month. Based on the current repayment schedule and interest rate (11.24%), the loan is expected to be repaid over approximately the next 4 to 4½ years. If the loan continues for its full remaining term at the current repayment level and interest rate, the estimated total repayments remaining (including interest) are approximately $185,000, equating to an estimated $11,550 per lot. These figures are estimates only and assume that the current repayment amount and interest rate remain substantially unchanged. Actual repayments and the repayment period may vary if interest rates change or if the Owners Corporation elects to make additional repayments or refinance the loan. The loan funded substantial capital works to preserve the structural integrity and long-term value of the building. As repayments continue, the liability attributable to each lot will progressively reduce. This ongoing liability transfers with the lot. The vendor is open to factoring this amount (deducting approximately $11,500 which it the total of principal and interest liability for unit 11 over the remaining term of the loan) into price negotiations as part of the final agreed purchase price.
For first home buyers, and anyone tired of renting in the inner city, the numbers are worth running — at this price, monthly mortgage repayments may compare favourably with what you’re already paying in rent.
To enquire, please email or call 1300 815 051 and enter code 9700
